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Nov 22, 2012
11/12
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in a resignation letter to house speaker john boehner writing in part, "my health issues and treatment regimen have become incompatible with service in the house of representatives." jackson has been hospitalized on and off since june for treatment of bipolar disorder, seen here while a patient at the mayo clinic. cook county officials are weighing options for a special election to replace jackson. >> i think he feels that district needs somebody in a healthier position than he is to represent them. >> reporter: his letter makes some striking admissions about his own, "mistakes." jackson has been in talks with the justice department, as federal prosecutors examine whether he misused campaign money to buy personal items, including an expensive watch. jackson writes, "i am doing my best to address the situation responsibly, cooperate with the investigators and accept responsibility for my mistakes, for they are my mistakes and mine alone." jackson adds, "i pray that i will be remembered for what i did right." >> that was nbc's kelly o'donnell reporting there. >>> just ahead, we have got
in a resignation letter to house speaker john boehner writing in part, "my health issues and treatment regimen have become incompatible with service in the house of representatives." jackson has been hospitalized on and off since june for treatment of bipolar disorder, seen here while a patient at the mayo clinic. cook county officials are weighing options for a special election to replace jackson. >> i think he feels that district needs somebody in a healthier position than he...
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Nov 29, 2012
11/12
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yesterday investors reacting positively to comments from president obama and house speaker john boehner about the likelihood that congress will reach a budget deal to avoid that so-called year-end fiscal cliff. today we'll get data on unemployment claims, we'll get pending home sales and a revised estimate on third quarter gdp which may show the economy grew more than previously thought this summer. the dow jumped 106 points to 12,985 while the nasdaq was up nearly 24 points to 2991 on those positive comments. meantime small businesses hit it big on cyber monday. digital research firm big commerce says a surge in orders drove overall revenue for small chains and mom and pop stores up 25% over last year's cyber monday. the average order price was 8% higher. online shoppers bought so much stuff, local retailers were averaging about two orders per second. that's four times the normal daily rate. >>> you know, it seems as though every single day during the holiday season has its own title. small business saturday, cyber monday, now it's cyber week. i'm wondering if every day between now and
yesterday investors reacting positively to comments from president obama and house speaker john boehner about the likelihood that congress will reach a budget deal to avoid that so-called year-end fiscal cliff. today we'll get data on unemployment claims, we'll get pending home sales and a revised estimate on third quarter gdp which may show the economy grew more than previously thought this summer. the dow jumped 106 points to 12,985 while the nasdaq was up nearly 24 points to 2991 on those...
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Nov 28, 2012
11/12
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is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spending on how you count new york, 13 of 14 state that a democratic governor and a democratic house and senate. and there you see the red states are not raising taxes. they're cutting taxes in the red states and blue states are raising taxes rather than reforming government. so the fight we're having in washington where there's gridlock in the stage of the opposite of gridlock. for the last two years. "new york times" wrote an article about last week, it's been true for two-year -- >> about the legislators -- >> the legislative in the various states that you've got 24 states if the republicans get together they can turn the state into hong kong or texas. you have 13 maybe 14 states if the democrats because they could turn their state into greece or california. >> we are in washington and the wording goes back to 86, right?
is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spending on how you count new york, 13 of 14 state that a democratic governor and a democratic house and senate. and there you see the red states are not raising taxes. they're cutting taxes in the red states and blue states are raising taxes rather than reforming...
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Nov 27, 2012
11/12
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the white house says president obama called house speaker john boehner and senate majority leader harry reid over the effort to discuss efforts to avoid the fiscal cliff. that's the combination of tax hikes and spending cuts set to take effect january 1st. the "washington post" reports that boehner plans to have some house republicans meet wither skin bowles. on wednesday president obama will meet with other top ceos. futures meantime are flat this morning, stocks slipping back on monday. the s&p 500 index snapping a five-day winning streak. investors continue to watch those budget talks in washington. meantime, we are expecting today to get some data on demand for durable goods, home prices and consumer confidence. the dow slipping back below 13k losing 42 points to 12,967. the nasdaq edging up nearly 10 to 2976. and i would do a campaign not to vote for marissa mayer for "time" person of the year. remember when we had the head of amazon on the cover of "time" back in 2000. i think there's a little jinx in that. a little like the si jinx. so don't vote for her. >> fair enough. no on ma
the white house says president obama called house speaker john boehner and senate majority leader harry reid over the effort to discuss efforts to avoid the fiscal cliff. that's the combination of tax hikes and spending cuts set to take effect january 1st. the "washington post" reports that boehner plans to have some house republicans meet wither skin bowles. on wednesday president obama will meet with other top ceos. futures meantime are flat this morning, stocks slipping back on...
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Nov 22, 2012
11/12
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wednesday, jackson sent a letter of resignation to house speaker john boehner while his chief of staff delivered copies in illinois. >> can you tell us how he's doing? >> he's doing good. >> jackson wrote, my health issues and treatment regimen have become incompatible in the house of representatives. but his deteriorated health is not the only factor. in his letter he does admit to mistakes. jackson has been in talks with federal prosecutors who are looking into whether he misused campaign funds to buy personal things, including an expensive watch. i am doing my best to address the situation responsibly, cooperate with the investigators, and accept responsibility for my mistakes, for they are my mistakes and mine alobe. alone. wednesday, jackson's father called the resignation painful. >> it's a moment for our family and we'll face the day tomorrow with prayer and we find support in so many people. >> jackson's lawyers say he is cooperating, but it could take months to resolve his legal issues. illinois officials are looking at options for when to hold a special election to fill the v
wednesday, jackson sent a letter of resignation to house speaker john boehner while his chief of staff delivered copies in illinois. >> can you tell us how he's doing? >> he's doing good. >> jackson wrote, my health issues and treatment regimen have become incompatible in the house of representatives. but his deteriorated health is not the only factor. in his letter he does admit to mistakes. jackson has been in talks with federal prosecutors who are looking into whether he...
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Nov 23, 2012
11/12
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[applause] ladies and gentlemen, the honorable john boehner. [applause] >> ladies and gentlemen, welcome to the united states capitol. i want to say how much i appreciate you all be near. on behalf of my colleagues in the united states congress, i will ask that you all join me in a moment of silence in tribute to ambassador stevens and the united states personnel who were killed in libya at this morning. thank you. since the days of the american revolution, congress has commissioned gold medals as the highest expression of appreciation for distinguished achievements. the first recipient was general george washington in march of 1776. today, we will present a congressional gold medal to arnold palmer of the commonwealth of pennsylvania. those of you who participate in these events regularly may notice the stage is set up a little differently than usual. we thought it would be more fitting to do so on this side of the rotunda and honor some of the presidents of that arnie knew so well. president gerald ford used to say "you know arnie's army." pr
[applause] ladies and gentlemen, the honorable john boehner. [applause] >> ladies and gentlemen, welcome to the united states capitol. i want to say how much i appreciate you all be near. on behalf of my colleagues in the united states congress, i will ask that you all join me in a moment of silence in tribute to ambassador stevens and the united states personnel who were killed in libya at this morning. thank you. since the days of the american revolution, congress has commissioned gold...
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Nov 29, 2012
11/12
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boehner, mitch mcconnell and harry reid to try to get some understanding of what the white house is willing to do here. republicans say what they want to hear is what budget cuts, what spending cuts is the white house, the president, are democrats willing to make. in other words, as boehner put it, if we're going to put new revenue on the table, something we didn't want to do, we want to see some details on spending cuts. so those one-on-one meetings with the leadership going on here today, and that's really the latest in what's been a long string of developments leading toward trying to avoid the fiscal cliff at the end of the year. >> we will see what happens. thank you very much, tracie. >>> 5:43. new this morning, a mountain climber is oregon is safe after an overnight rescue operation. the climber was on his way down after summiting mt. hood when he was stranded in a snowstorm yesterday afternoon. he was able to call search and rescue on his cell phone. he wasn't hurt but certainly was cold and wet. rescuers were able to bring him food and dry clothes before bringing him down t
boehner, mitch mcconnell and harry reid to try to get some understanding of what the white house is willing to do here. republicans say what they want to hear is what budget cuts, what spending cuts is the white house, the president, are democrats willing to make. in other words, as boehner put it, if we're going to put new revenue on the table, something we didn't want to do, we want to see some details on spending cuts. so those one-on-one meetings with the leadership going on here today, and...
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Nov 29, 2012
11/12
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they're meeting with nancy pelosi and john boehner, mitch mcconnell and harry reid to really sort of sit down and present that plan. >>> let's talk about the president's plan and what it calls for. republicans receptive to it? >> reporter: well, they're receptive to the idea of it. we haven't seen details. what republicans are saying is we welcome you here, we want to talk, but we need to see details. facts, specifics, numbers. if we're going to put on the table something we don't want to do, which is make wealthy americans pay more, then we need to see what you're willing to cut from the budget and that's where things stand right now. hopefully within a few hours we'll get some readout of whether or not they liked what they heard. >> so do you think we even know if there's hope for a deal? >> reporter: there's hope for a deal. i think everyone here really sort of agrees on that. different levels of optimism based on who you talk to about them getting it done by the end of the year, but there's definitely hope. we've seen both sides, as i often say, inch toward the middle with republ
they're meeting with nancy pelosi and john boehner, mitch mcconnell and harry reid to really sort of sit down and present that plan. >>> let's talk about the president's plan and what it calls for. republicans receptive to it? >> reporter: well, they're receptive to the idea of it. we haven't seen details. what republicans are saying is we welcome you here, we want to talk, but we need to see details. facts, specifics, numbers. if we're going to put on the table something we...
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Nov 26, 2012
11/12
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boehner. he may want to cut a deal but may not have the votes because these guys might be on a primary suicide mission, some of these house republicans, if they side with raising tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are democrats signaling where they may be willing to compromise? >> reporter: president has been willing to talk about social security and medicare and put entitlements on the table. the problem the president has is many parts of his base, including some of those house democrats that he might need in some sort of forged compromise, they are not crazy about doing that. we won. the mandate is to raise taxes. there was no mandate from the voters to tinker with social security and tinker with medicare, but at some point the president's going to put that on the table, and the question will his base let him do it? >> let me switch gears a bit. i want to ask you about senator john mccain. he
boehner. he may want to cut a deal but may not have the votes because these guys might be on a primary suicide mission, some of these house republicans, if they side with raising tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are democrats signaling where they may be willing to compromise? >> reporter: president has been willing to talk about social security and medicare and put entitlements on...
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Nov 27, 2012
11/12
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i want to congratulate speaker john boehner, who has done a phenomenal job of ensuring that we would continue business as usual. i want to congratulate minority leader posey forever that she has put in, getting us to the point we are today. i urge my colleagues to support this measure. with that, i yield back the balance of my time. >> the chair now recognizes members from the committee on ways and means, chairman mr. camp from michigan and ranking minority member mr. levin from michigan. the gentleman from michigan. >> i yield myself such time as i may consume. >> it is recognized. >> if the congress does not act and act now, america will default. that would wreak havoc on our economy and make it harder for americans to find and keep a job. edfault cannot be an option. i am pleased that the bill before us ensures that will not occur. just as it would threaten economic health, so would increase in taxes. raising taxes on families and job creators would hinder investment, increase the cost of doing business, and result in even less hiring and fewer jobs. that is the wrong direction wh
i want to congratulate speaker john boehner, who has done a phenomenal job of ensuring that we would continue business as usual. i want to congratulate minority leader posey forever that she has put in, getting us to the point we are today. i urge my colleagues to support this measure. with that, i yield back the balance of my time. >> the chair now recognizes members from the committee on ways and means, chairman mr. camp from michigan and ranking minority member mr. levin from michigan....
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Nov 24, 2012
11/12
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boehner. [applause] >> good morning, everyone. welcome, my colleagues, the leaders and the two chambers and my colleagues from the house and senate. certainly arnold and his family and friends. jack and barbara nicklaus, and fellow golfers here and around the world. arnie, i'm going to tell a couple of golf stories and we'll get around to giving you the gold medal. what makes this metal unique is that any american can win it. whether it be a general, an artist, and astronauts, or an athlete. you can start out selling paint and end up receiving congress's highest honor. not bad for an honest they's work. throughout his life, he's been a model of integrity, passion, and commitment. these are the attributes of a great golfer, and a great american. arne will tell you, it has never been about winning. he won the amateur championship back in 1964. that turning point, as he called it. there was something about the way he walked, attack the ball. asked about that, arnie said, everyone wants to win, bu
boehner. [applause] >> good morning, everyone. welcome, my colleagues, the leaders and the two chambers and my colleagues from the house and senate. certainly arnold and his family and friends. jack and barbara nicklaus, and fellow golfers here and around the world. arnie, i'm going to tell a couple of golf stories and we'll get around to giving you the gold medal. what makes this metal unique is that any american can win it. whether it be a general, an artist, and astronauts, or an...